(Reuters) - Twitter Inc is facing more employee departures, company executives told staff on Wednesday, as leaders sought to address multiple challenges, including whistleblower https://www.reuters.com/markets/deals/twitter-whistleblower-could-help-musk-by-adding-volatility-legal-battle-2022-08-23 allegations and a legal battle with billionaire Elon Musk.
Employee attrition is currently 18.3%, Twitter executives told staff during a company-wide meeting, audio of which was heard by Reuters. Before Musk made his $44 billion offer https://www.reuters.com/legal/musk-seeks-documents-jack-dorsey-fight-over-twitter-deal-2022-08-22 to buy the company, attrition hovered between 14% and 16%, which was consistent with competitors, executives had previously said.
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